Retirement Claims Down; Processing Remains Steady

By on November 5, 2012 in Current Events, Retirement with 2 Comments

According to OPM’s monthly progress report on its retirement claims backlog, the number of claims received in October was much lower than the number received in September, but the number of claims actually processed was about the same as the previous month.

8,138 claims were received in October, down from 11,952 received in September, a roughly 32% drop.

Despite the lower number of new claims, 12,228 were processed in October which is roughly on par with the 12,563 processed in September. Due to the smaller number of incoming claims and the high number processed in the month, the total number of outstanding claims is now down to 37,086 from 41,176 in September.

The complete statistics from 2012 are listed in the table below.

Month Projected Claims Received Projected Claims Processed Projected
Inventory (inventory plus claims less processed)
Actual Claims Received Actual Claims Processed Inventory (inventory plus claims less processed)
Jan-12 21,000 8,000 61,378 21,479 8,749 61,108
Feb-12 5,600 8,300 58,678 6,415 9,953 57,570
Mar-12 5,000 8,300 55,378 7,090 12,386 52,274
Apr-12 8,000 8,300 55,078 6,770 8,028 51,016
May-12 8,000 8,500 54,578 7,523 9,066 49,473
Jun-12 8,000 8,500 54,078 7,814 8,964 48,323
Jul-12 8,400 11,500 50,978 8,660 12,304 44,679
Aug-12 8,000 11,500 47,478 8,973 11,865 41,787
Sep-12 7,000 11,500 42,978 11,952 12,563 41,176
Oct-12 7,000 11,500 38,478 8,138 12,228 37,086

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Ian Smith is one of the co-founders of FedSmith.com. He enjoys writing about current topics that affect the federal workforce. Ian also has a background in web development and does the technical work for the FedSmith.com web site and its sibling sites.

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